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Banks are now trying to Value Bitcoin and some Investment, in order to predict the Price of bitcoin, a few thousand Dollars in 2014. What are the Benefits? Is the benefit of the Consumer and the professional that you want to use this payment method. 1. Fast transactions, ” Bitcoin is sent via the Internet. 2. No Cost/low Cost, unlike credit cards, Bitcoin can be used free of charge or for a low Price. Without a central institution, like the ombudsman, are not Rights (and the Cost). This will improve the Margin of Sales. 3. Eliminate Fraud, Only the Bitcoin Owner can send Payment to the Recipient, which is the only one who can do it. The network knows the transfer has passed, and transactions are validated; you can not challenge or withdrawal. This is a good Thing for those online Merchants who are Often subjected to credit card Processors, Reviews, know when a Transaction is fraudulent, or Companies that pay the high Price Kreditkartenrückbuchungen. 4. To protect data, As we have seen in the recent hack of the national Retailers have a system of payment for Treatment via the Internet is not always a safe Place for private Information. With Bitcoin, users do not Publish your personal Information. . Two keys, a public Key, which operates the bitcoin Address and private Key with personal data. b. Events are Digitally signed by combining the public and private Keys; a mathematical Function is applied and a Certificate is created the user started the transaction. A digital signature is unique to each Event and which can not be used again. c. The merchant/Recipient can not see the secret Information, name, phone number, Address), and so that’s something anonymous, but it is understandable (bitcoin), the Direction of the public Key). 5. Convenient payment system Merchants, Bitcoin as perfect as the payment system, it is not necessary to Exchange Bitcoin Bitcoin can be converted into Dollars. The consumer or the Trader can buy and sell Bitcoin and other Currencies at any time. 6. International payments-Bitcoin is used around the World. Traders online shops and service providers to accept international Payments, which open new opportunities in the Market. 7. Easy-to-follow Online continuous monitoring, and record every transaction in Bitcoin, and the extension line (in the database). Year is Violated, it is easier for the police and the Authorities control these trans actions. 8. Micropayments are possible-Bitcoins can be divided into more than one hundred Million euros for the construction of a small Fee, a dollar or less for Free, or nearly Free Trade.